Income 2016 2017 2018 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2018 vs 2017

Donations in Cash





- Tax Deductible 1,000 4,210 3,920 (7)

- Non-Tax Deductible - - - -

Donations in Kind





- Tax Deductible NA NA NA NA

- Non-Tax Deductible NA NA NA NA

Grants/Sponsorships NA NA NA NA

Investment income 2,076 2,456 1,226 (50)

Investment gains NA NA NA NA

Others NA NA NA NA

Total Income 3,076 6,666 5,146 (23)








Expenses 2016 2017 2018 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2018 vs 2017

Direct Fund-raising Expenses NA NA NA NA

Charitable Activities Expenses





- Local 2,626 1,224 919 (25)

- Overseas NA NA NA NA

Other Operating & Administration





Expenses 69 144 41 (72)

Others 63 32 1,020 3.088

Total Expenditure 2,758 1,400 1,980 41

Surplus / (Deficit) 318 5,266 3,166 (40)








Balance Sheet 2016 2017 2018 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2018 vs 2017

Assets





Land and Building NA NA NA NA

Other Tangible Assets NA NA NA NA

Investments 43,812 48,853 43,247 (11)

Inventories NA NA NA NA

Accounts Receivable 56 58 25 (57)

Cash & Deposits 4,469 5,828 14,633 151

Others NA NA NA NA

Total Assets 48,337 54,739 57,905 6

Funds





General Fund NA NA NA NA

Accumulated Fund (7,961) 1,095 17,961 1,540

Unrestricted Fund (7,961) 1,095 17,961 1,540

Building Fund NA NA NA NA

Fair Value Reserve 1,449 2,585 - (100)

Restricted Fund 1,449 2,585 - (100)

Endowment Fund 54,846 51,056 39,941 (22)

Total Funds 48,334 54,736 57,902 6

Liabilities





Long-Term Liabilities NA NA NA NA

Current Liabilities 3 3 3 0

Total Liabilities 3 3 3 0

Total Funds and Liabilities 48,337 54,739 57,902 6








Other Information 2016 2017 2018 % Increase/

(S$'000)
(S$'000)
(S$'000)
(Decrease)




2018 vs 2017

Donations/Grants and Sponsorships given to Other Charities (S$'000) 2,626 1,224 919 (25)

No. of Employees NA NA NA NA

Total Employee Costs (S$'000) NA NA NA NA

* Endowment Fund comprises:





Donations from





- Singapore Hokien Huay Kuan 28,690 32,440 36,290 12

- Public 26,156 26,616 26,686 0

Total (S$'000) 53,846 59,056 62,976 7
  Ratio of Reserves (Unrestricted Funds) to Annual Operating Expenditure (115) 8 438 5,375  

IPC status until 31 May 2020







 

 

 
             
             
 
   
 
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